Why offer the Roth 457 Option?
Ohio DC's Roth 457 option gives your employees the ability to make post-tax contributions to an Ohio DC account, which allows for tax-free withdrawals once certain conditions are met.
As the employer, you must choose to adopt the Ohio DC Roth 457 option by executing an Employer Adoption Agreement, Exhibit B, and Payroll/Administrative Procedures form before an employee can enroll. In addition, employers will need to set-up a separate post-tax deduction in their payroll systems for Roth contributions.
All information about the Roth 457 option can be found on our employer website.
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